Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 14.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 166,731 shares of the real estate investment trust's stock after purchasing an additional 20,880 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.06% of Omega Healthcare Investors worth $6,311,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in OHI. Teacher Retirement System of Texas raised its position in Omega Healthcare Investors by 69.8% during the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock valued at $5,385,000 after purchasing an additional 58,482 shares in the last quarter. Assetmark Inc. lifted its position in Omega Healthcare Investors by 2.9% in the fourth quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after acquiring an additional 34,463 shares during the last quarter. Tallon Kerry Patrick purchased a new position in shares of Omega Healthcare Investors in the 4th quarter valued at about $1,250,000. Advisors Capital Management LLC lifted its stake in shares of Omega Healthcare Investors by 4.3% during the fourth quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after buying an additional 31,072 shares during the period. Finally, Cookson Peirce & Co. Inc. raised its holdings in Omega Healthcare Investors by 4.2% in the fourth quarter. Cookson Peirce & Co. Inc. now owns 368,127 shares of the real estate investment trust's stock valued at $13,934,000 after buying an additional 14,883 shares during the period. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

NYSE:OHI traded up $0.40 during mid-day trading on Friday, reaching $35.95. The stock had a trading volume of 491,001 shares, compared to its average volume of 1,918,504. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 12 month low of $30.48 and a 12 month high of $44.42. The stock has a 50-day simple moving average of $37.53 and a two-hundred day simple moving average of $38.22. The stock has a market capitalization of $10.32 billion, a PE ratio of 23.19, a P/E/G ratio of 1.09 and a beta of 0.73.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, meeting the consensus estimate of $0.75. The firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 earnings per share. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.45%. The ex-dividend date is Monday, May 5th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OHI. Truist Financial boosted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Wells Fargo & Company cut Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $42.00.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.